Amendment status not verified — confirm the current text below against the official source.
Budget estimates to be prepared by the standing committee for 1[taxation, finance and appeals]1 2[or as the case may be, standing committee for taxation and finance]2.- (1) The standing committee for 1[taxation, finance and appeals]1 2[in the case of corporations other than the 3[Bruhat Bangalore Mahanagara Palike]3 and the standing committee for taxation and finance in the case of 3[Bruhat Bangalore]2 Mahanagara Palike]3 shall, on or as soon as may be, after the fifteenth day of January consider the estimates and proposals of the Commissioner and after having obtained proposals, if any, of other standing committees and such further detailed information, if any, as it shall think fit to require from the Commissioner and having regard to all the requirements of this Act, shall prepare therefrom, subject to such modifications and additions therein or thereto as it shall think fit, a budget estimate of the income and expenditure of the corporation for the next year.